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Ryan Cohen seems to be doing his best Warren Buffett impression, just like Michael Burry suggested.The billionaire GameStop CEO and Chewy cofounder channeled the legendary investor in a lengthy X post titled “The Hollow Men” on Wednesday.Cohen railed against a “new, parasitic class of corporate bureaucrat: The Risk-Free Insider.”He lambasted independent directors who don’t dare rock the boat and risk losing their cushy, well-paid jobs.He berated corporate bosses who balk at tying their fortunes to their company’s success — they collect big bonuses if its stock price rises, and receive huge payouts if they tank the business and leave. He…
This summer, there are dozens of opportunities to get into the exclusive Yellowstone Club in Big Sky, Montana— and get paid for it.The private enclave is hiring for a wide range of seasonal roles, from a cake decorator who can produce up to three custom cakes a day to a Pilates instructor who can also teach yoga, spin, boot camp, and kickboxing classes.Any position at the club would give insight into an exclusive world and offer access to some of the richest people on Earth at their most relaxed.”You encounter some of these residents that are really, really, really important…
Kalshi said Wednesday that it banned and fined a MrBeast editor and a California politician for making banned trades, the first public enforcement action taken by the US-regulated prediction market.The company said the video editor, Artem Kaptur, violated its insider trading rules by wagering about $4,000 on YouTube streaming markets. Kaptur, whose name was included in a regulatory notice, received a two-year ban and was ordered to pay a $15,000 fine in addition to repaying more than $5,000 in profits.Kalshi said that an internal disciplinary committee found that “he traded on material, non-public information he obtained” because of his MrBeast…
Block CEO Jack Dorsey issued a warning about the impact of AI on employment, particularly for other companiesAfter announcing he’s cutting about 40% of Block’s 11,000 employees, Dorsey outlined Block’s next phase as a “smaller, faster, intelligence-native company” in his opening remarks during the company’s earnings call on Thursday.”I don’t think we’re early to this realization. I think most companies are late,” he said.AI, he said, is dramatically accelerating work inside Block.”A significantly smaller team using the tools we’re building can do more and do it better. And intelligence tool capabilities are compounding faster every single week,” Dorsey saidDorsey pointed…
President Donald Trump is zeroing in on what he calls America’s “roaring economy.”The president is giving his annual speech to a joint session of Congress. He opened the event focused on his administration’s economic agenda, especially inflation rates and consumer prices.”I inherited a nation in crisis with a stagnant economy,” Trump told lawmakers, adding that his administration has driven down inflation and mortgage rates, along with energy prices. He touted an increase in jobs in the construction sector, the strong stock market, and how the administration “lifted a record number of Americans off food stamps” with their updated SNAP rules.The…
2026-03-11T18:48:26.168Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Citigroup is among US firms warning staff to evacuate or stay in safe locations in the Middle East. The firm has turned to a “fully remote model” as the crisis in the Middle East continues. On Wednesday, reports suggested Iran could strike regional banks and financial targets. Citigroup evacuated…
2026-02-28T14:22:01.250Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Burger King just upgraded its signature Whopper burger with a new bun and packaging. The burger retained the original burger’s flavor but felt like an upgrade. The burger is thicker, more flavorful, and doesn’t cost more — a win for value-conscious customers. Burger King just updated its signature Whopper…
US stocks could suffer a devastating crash as the forces propping them up falter, Michael Burry has warned.The investor of “The Big Short” fame, who reinvented himself as a newsletter writer late last year, sounded the alarm on a historically expensive market in a Substack post on Tuesday.Burry, one of the few people to predict and profit from the collapse of the mid-2000s housing bubble, laid out why stocks are overdue for a painful correction.He noted that as bull runs lose steam and bear markets set in, valuation multiples have always returned to historical averages. Yet that hasn’t happened for…
In 2010, my partner and I set off on what I thought was a gap year.After meeting while studying abroad in Switzerland back in 2008, we spent nearly two years in a long-distance relationship. We were ready to get back to our traveling roots and finally be together full-time.The plan was to spend six months living and working in New Zealand, save up as much money as we possibly could, and then take those savings with us to travel through Australia and Southeast Asia.My initial goal was to eventually land back on the East Coast, ready to start a master’s…
Updated 2026-03-13T12:21:01.219Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. The Murdoch family’s media empire includes Fox News, The Wall Street Journal, and The New York Post. The succession battle over that empire was resolved in 2025, with eldest son Lachlan taking control. The family drama is now the focus of a new Netflix series, “Dynasty: The Murdochs.”…